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  1. CPI accelerates to 3.1 pct YoY in July, rents up 11.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    in the previous month. In July 2024, the CPI was up by 2.7 percent YoY. The highest annual increase... by 2 percent. Education was up by 2.6 percent. Housing costs also increased by 6.6 percent mainly due... with a drop of 1.1 percent YoY. After moderating for nearly three quarters below the headline CPI

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  2. Drop in CPI eased in Feb but Greece still firmly in deflation territory
    Photo by MacroPolis

    EconomyMacroeconomy

    The drop in Greece’s Consumer Price Index (CPI) slowed further in February to 1.1 percent from 1.5..., the CPI eased 1.3 percent mainly on the back of an 18.8 percent drop in clothing and footwear prices... by deflation most. The showed a drop in prices ranging from 3.4 to 4.1 percent. The second group

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  3. Another big drop for building activity, which fell by 35.3 pct in January
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    in January retreating by 35.3 percent, following a 29.6 percent drop in December, according... Ellada and South Aegean recorded the slowest decline at 20 percent. The rate of drop in the Attica... of building permits in 2013 stood at just 16,400 from 65,500 in 2008, implying a 75 percent drop

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  4. Bigger drop for Greek industrial production, which fell by 5.7 pct in August

    EconomyMacroeconomy

    drop in July, according to the Hellenic Statistical Authority (ELSTAT). August’s is the seventh... of the four sub-indices posted a drop in August with electricity production (down 18.1 percent), mining... period, industrial production fell by 2.8 percent, mainly due to a double-digit drop in electricity

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  5. Greek CPI falls 2.8 pct in Jan for second largest drop since 2001
    Photo by MacroPolis

    EconomyMacroeconomy

    The drop in Greek consumer price index (CPI) accelerated for the second straight month to 2.8... in deflation for 23 successive months (since March 2013). The highest drop in CPI was recorded in November... stayed stable. In contrast, the highest drop was posted in housing (-8 percent) followed

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  6. Consumer prices drop further by 2.2 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    The Greek consumer price index (CPI) fell by 2.2 percent in June after a drop by 2.1 percent...) and clothing and footwear (-3.6 percent). A drop higher than the headline figure was also recorded... the current 12-month trailing index indicates a drop by 1.7 percent. This suggests that 2015

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  7. Economic sentiment fell to 81.3 in July for the sharpest historical monthly drop

    EconomyMacroeconomy

    reading since October 2012. The year to date evolution shows a significant drop by 17.8 points... points to -52.9 in July from -46.8 in June. The monthly movement indicates the highest drop since... the highest monthly drop plummeting by more than 22 points to -25.9, whilst the construction confidence fell

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  8. Industrial turnover falls by 14.7 pct in Sept for eleventh straight drop

    EconomyMacroeconomy

    a revised 18.1 percent drop in August, Hellenic Statistical Authority (ELSTAT) data showed on Thursday... months displays a fall by 8.1 percent. The steep drop in September largely reflects a considerable... months, the more detailed breakdown showed mixed trends. The biggest drop was recorded in mining of metal

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  9. Sharp drop of 5.3 bln for Greek ELA funding after completion of capital increases

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by 5.98 billion euros in November following a drop by 2.01... is in line with the Eurosystem funding drop over this period. At the same time, ECB funding was also... of fees paid to the state for the collateral guarantees. The drop of ELA funding also led

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  10. Retail sales slip 0.1 pct in Dec, drop of 2.8 pct in 2015

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index eased 0.1 percent in December after a revised drop..., following a drop of 4.4 percent in November. The full year figure points to a contraction of 1.4 percent... and property taxes. The most notable drop since 2009 has been posted in retail sale not in stores (-58.1

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